Publications

Augmented Democracy using AI Twins

Conducted world’s first LLM-driven direct democracy experiment with live GenZ voters. We created two AI Variants: (1) Digital Twins and (2) AI Economicus, testing the GPT-4 model to predict complex voting choice, and its ability to act as an objective, data-driven assistant. Participants’ testimonials indicated a high adoption tendency for AI-driven Voting Assistants. Work has been featured by news mainlines such as Indian Express, Economic Times, Times Now, MSN etc.

Interdependencies report on systemic asset-linkages in crypto ecosystems

We highlight the role of interconnections, systemic risks and contagion in a clear web of “systemically important crypto institutions”. The findings from our report have been incorporated into the final crypto asset guidelines issued by the G20 as well as recognized by IMF-FSB and financial regulators across 44 countries.

SSRN’s Top Ten download list for several eJournals.
Featured in Univ. of Hong Kong (Law) Research:Interdependencies in Crypto Ecosystems: Drivers, Implications and Policy Responses

A DPI approach to crypto regulation – India Wallet Framework

We developed an innovative crypto regulation model that simplifies risk management for developers, entrepreneurs and regulators. It is non-custodial, cross-compatible with a spectrum of platforms (CeFi/DeFi/NFT), and was covered widely across media and nodal agencies/regulators of the national government.

Centralization in Decentralized Finance: Systemic Risk in the Crypto Ecosystem

We examine the deep interconnections and inherent vulnerabilities arising from the increasing centralization in crypto ecosystems, including DeFi markets. Our suggested innovative approaches have become especially critical considering recent developments in the crypto markets and potential contagion in TradFi.

Selected for Duke Law Journal – Law and Contemporary Problems 185-210 (2025)

Premium Research

China CBDC Analysis (4-part report)

Unraveling China's Digital Currency: An Overview

This report will give you cutting-edge insight into China’s future surrounding digital currency and its impact on various sectors and industries, particularly in the post-COVID era. It outlines the technical architecture of the digital yuan, the impact of the digital yuan on the financial sector and the economy, and China’s overall national strategy beyond the DC/EP.

Feature: Innovative aspects of the technical design of the DC/EP Implications of the DC/EP for the global financial system Understanding China’s overall blockchain strategy

Technical Architecture and Functionality of The DC/EP

This report presents a comprehensive overview of the reference architecture of DC/EP and maps the functional flows across the DC/EP lifecycle through reserve engineering DC/EP patents. It has detailed insight into China’s advanced digital currency system design. It also covers the various industry players involved in the digital currency system.

Feature: DC/EP Reference Architecture Industry players involved and roles Functional flows for complete lifecycle of a digital yuan Notable Capabilities of DC/EP and Key Takeaways

Radical Implications of The DC/EP for The Financial Sector

This report examines the multi-dimensional implication of the Chinese DC/EP design on the global and Chinese financial system. These range from significant changes to the management of monetary policy and regulation, to a range of cross-border infrastructure, to direct implications for banking and capital markets in China.

Feature: New capabilities in Monetary Management DC/EP and Cross-Border Infrastructure Implications of DC/EP on China’s Domestic Financing and Yuan’s internationalization.

Beyond The DC/EP: China's Grand Strategy on Blockchain

This report provides a deep dive of China’s nation-wide program towards leveraging blockchain across the economy. Examining the full spectrum of initiatives undertaken by the Chinese government and private sector across governance, business and data management.

Feature: Overall vision of the Chinese government in blockchain. Deep dive into the multi-dimensional strategy for rapid enablement. Overview of major hardware and software infrastructure. Components of Internationalization strategy leveraging the Belt & Road Initiative.